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  • Saturday, April 20, 2024

BAE Announces Preliminary Fiscal Results for ’09

BAE has announced preliminary fiscal results for 2009, with headline sales up 21% to £22.4B.  Underlying EBITA is listed as up 17% to £2, 220M and underlying earnings per share up 9.7% to 40.7p with dividend up 10% to 16P.

The firm also announced a record order book of £46.9B with a strong balance sheet, net cash of £403M and cashflow from operating activities at £2, 232M and £500M market purchase of shares to commence.

“BAE Systems has again delivered a strong set of financial results. Our well-defined and proven global strategy is serving the business and our shareholders well, ” said Ian King, CEO BAE Systems.  “These results show growth underpinned by a strong balance sheet and a record order book.”

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